Global Cold-Storage Warehouses Market, By Warehouse Type (Private and Semi-Private, Public), Construction Type (Bulk Storage, Production Stores, Ports), Temperature Type (Chilled, Frozen), End Use (Food, Fruits and Vegetables, Dairy Products, Fish, Meat and Seafood, Processed Foods, Textiles, Pharmaceuticals), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Cold-storage warehouses market is expected to grow at a compound annual rate of 12.52% in the forecast period 2021 to 2028. The increasing demand of chilled and frozen food is the factor for the cold-storage warehouses market in the forecast period of 2021 to 2028.
A cold storage warehouse is used to store perishable items such as vegetables, fruits, meat, seafood and dairy products, at a preferred temperature to preserve the quality of the product for a longer time period.
The major growing factor towards cold-storage warehouses market is the rapidly increasing online grocery purchasing trend across the globe. The prime factor driving the demand for cold-storage warehouses is the high growth in the spending on the shelf-stable foods. Furthermore, the growing demand for organized retail and increasing preservation of convenience food products owing to modernization is encouraging many end users to decide on this system which is also heightening the overall demand for cold-storage warehouses market over the forecast period of 2021 to 2028. Moreover, the numerous R&D activities and rapid technological advancements in cold storage such as adding solar technology to the refrigeration units also serves as a foremost drivers for increasing the demand for cold-storage warehouses market at a global level. In addition, the high disposable income, strict regulations governing the production and supply of temperature-sensitive products as well as the high adoption and increased preference of frozen or processed food amongst the consumers as a result of hectic lifestyle are also lifting the growth of the cold-storage warehouses market.
However, the high initial investments and maintenance cost coupled with cold storage warehouse as well as the high rental cost related with cold storage facilities are projected to act as a restraint towards the growth of cold-storage warehouses market, whereas the dearth of infrastructure required to withstand the cold chain supplies have the potential to challenge the growth of the cold-storage warehouses market.
Moreover, the rising urbanization which is leading to a rise in the use of the online platform for purchasing grocery, thus creating a demand for warehouses to retain the quality of products for a long period of time at the preferred temperature which will further generate new opportunities for the cold-storage warehouses market in the forecast period of 2021 to 2028.
This cold-storage warehouses market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on cold-storage warehouses market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Cold-Storage Warehouses Market Scope and Market Size
Cold-storage warehouses market is segmented on the basis of warehouse type, construction type, temperature type and end use. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of warehouse type, the cold-storage warehouses market has been segmented into private and semi-private and public.
- Based on construction type, the cold-storage warehouses market has been segmented into bulk storage, production stores and ports.
- On the basis of temperature type, the cold-storage warehouses market has been segmented into chilled and frozen.
- The end use segment of the cold-storage warehouses has been segmented into food, fruits and vegetables, dairy products, fish, meat and seafood, processed foods, textiles and pharmaceuticals.
Cold-Storage Warehouses Market Country Level Analysis
Cold-storage warehouses market is analyses and market size, volume information is provided by country, warehouse type, construction type, temperature type and end use as referenced above.
The countries covered in the cold-storage warehouses market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific(APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific leads the cold-storage warehouses market because of the increasing consumer preference towards the online grocery shopping in this particular region. North America is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 owing to the rapidly increasing demand of chilled and frozen food within this region.
The country section of the cold-storage warehouses market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cold-Storage Warehouses Market Share Analysis
Cold-storage warehouses market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to cold-storage warehouses market.
The major players covered in the cold-storage warehouses market report are LINEAGE LOGISTICS HOLDING, LLC, AmeriCold Logistics LLC, Barloworld Limited, VersaCold Logistics Services, Agro Merchants Group, Burris Logistics, Wabash National Corporation, A B Oxford Cold Storage Co. Pty Ltd, Coldman, A.N. Deringer, Inc., Stellar, United States Cold Storage, DHL International GmbH, XPO Logistics, Inc., Crystal Logistic Cool Chain Ltd, Kloosterboer, Tippmann Group / Interstate Warehousing, GEODIS, NFI Industries and Penske among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.